Financials - Half Yearly
Askari Bank Limited
Consolidated Balance Sheet
  As at June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 28,422,938 29,685,228
Balances with other banks 9,030,988 8,358,930
Lendings to financial institutions 750,000 812,898
Investments 305,159,443 268,048,928
Advances 222,332,119 199,936,549
Operating fixed assets 9,567,784 9,278,150
Assets held for sale - -
Other assets 22,265,535 20,068,057
  597,528,807 536,188,740
Liabilities
Bills payable 14,406,380 6,094,885
Borrowings 68,165,347 57,323,250
Deposits and other accounts 465,879,659 433,130,465
Sub-ordinated loans 4,995,800 4,996,800
Liabilities against assets subject to finance lease - -
Deferred tax liabilities 2,074,477 71,590
Other liabilities 10,006,933 7,497,960
  565,528,596 509,114,950
Net assets 32,000,211 27,073,790
Represented by
Share capital 12,602,602 12,602,602
Reserves 8,219,879 6,445,888
Unappropriated profit / (loss) 2,448,027 2,948,581
  23,270,508 21,997,071
Non-controlling interest 37,929 35,580
  23,308,437 22,032,651
Surplus on revaluation of assets - net of tax 8,691,774 5,041,139
  32,000,211 27,073,790

Askari Bank Limited
 Consolidated Profit and Loss Account
  For the six months ended June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Jun 30, 2015
Mark-up / return / interest earned 17,295,639 18,641,683
Mark-up / return / interest expensed 10,036,973 11,282,329
Net mark-up / interest income 7,258,666 7,359,354
(Reversal of provision) / provision against non-performing loans and advances - net (523,999) 175,643
Impairment loss on available for sale investments 5,340 151,812
Provision for diminution in the value of investments - net 93,432 159,277
Bad debts written off directly - -
  (425,227) 486,732
Net mark-up / interest income after provisions 7,683,893 6,872,622
Non mark-up / interest income
Fee, commission and brokerage income 1,340,430 968,070
Dividend income 207,363 262,765
Income from dealing in foreign currencies 381,206 481,583
Gain on sale of securities - net 2,029,529 2,680,302
Unrealised gain / (loss) on revaluation of investments classified as held for trading - net (6,536) 2,741
Other income 196,578 276,266
Total non-markup / interest income 4,148,570 4,671,727
  11,832,463 11,544,349
Non mark-up / interest expenses
Administrative expenses 6,668,487 5,989,302
Other provisions / write offs - 30,291
Other charges 145,219 149,383
Total non-markup / interest expenses 6,813,706 6,168,976
  5,018,757 5,375,373
Extra ordinary / unusual items - -
Profit before taxation 5,018,757 5,375,373
Taxation - current 916,962 1,184,692
             - prior years 266,425 416,000
             - deferred 850,972 706,268
  2,034,359 2,306,960
Profit after taxation 2,984,398 3,068,413
Attribute to:
Equity holders of the bank 2,982,049 3,065,340
Non - controlling interest 2,349 3,073
  2,984,398 3,068,413
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.